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GFCL vs MFIL: Goodwill Finance and Manjushree Finance compared

On 24 Sep 2026, GFCL (Goodwill Finance Limited) closed at Rs 577.00 and MFIL (Manjushree Finance Ltd.) at Rs 764.80. Over the past year, Rs 100 in GFCL became Rs 92 and in MFIL Rs 118, adjusted for bonus shares.

MFIL is the larger company by market value, Rs 1,034 crore against Rs 546 crore. Neither declared a cash dividend in the last 12 months.

Close · 24 Sep 2026NEPSE published data, may be delayed

24 Sep 2026GFCL Rs 100 → Rs 92 (close 577.00)MFIL Rs 100 → Rs 118 (close 764.80)

10012014024 Sep7 Apr24 SepGFCL 92MFIL 118

Rs 100 in each on the first session of the window, adjusted for bonus shares. Cash dividends are not added back. To the close of 24 Sep 2026.

GFCL and MFIL side by side. Nothing is marked better.
GFCLGoodwill Finance LimitedMFILManjushree Finance Ltd.
SectorFinanceFinance
Close, Rs577.00764.80
Today+0.35% up−0.55% down
Return, 1 month+0.70% up+3.63% up
Return, 1 year−8.27% down+18.12% up
52-week range550.00 to 738.00545.00 to 938.00
Market valueRs 546 crRs 1,034 cr
Cash dividend yieldnone in 12 monthsnone in 12 months
Latest dividends2080/81: 0% cash, 0% bonus2081/82: 15% cash, 0% bonus
Traded, last 30 daysRs 14.95 crRs 66.57 cr

GFCL and MFIL dividends, year by year

Dividends declared by GFCL and MFIL by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearGFCLMFIL
2081/82none15% cash
2080/81none declared6.35% cash
2079/80none declared5.263% cash
2078/79none declarednone declared
2077/783.9% cash, 9.1% bonus6% cash, 40% bonus

As a percentage of paid-up value, as declared. Every dividend by year.

P/E, earnings per share and book value are not in the web data. The Punji app compares those too.

GFCL or MFIL: questions

Which is bigger, GFCL or MFIL?
MFIL is larger by market value: Rs 1,034 crore, against Rs 546 crore for GFCL, at the close of 24 Sep 2026. Market value is the share price times the shares listed.
Which has risen more over the past year, GFCL or MFIL?
Rs 100 in GFCL became Rs 92 (−8.27%), and Rs 100 in MFIL became Rs 118 (+18.12%), adjusted for bonus shares and without cash dividends added back. How a share moved in the past does not say how it will move next.
Which pays a higher dividend, GFCL or MFIL?
GFCL last declared 0% cash and 0% bonus for 2080/81; MFIL last declared 15% cash and 0% bonus for 2081/82. Dividends are a percentage of the paid-up value, not of today’s price, so the cash dividend yield in the table above is the comparable figure.
Should I buy GFCL or MFIL?
Punji does not say. This page lines up the published figures for both and marks neither as better; what fits depends on what you hold, why and for how long.

Valuation and earnings are in the app

The Punji app compares P/E, earnings and book value as well, next to the companies you hold. Free on iOS and Android.